STX Group $1B Deal with Russian Shipyard
According to a report from the AFP, South Korean shipbuilding and shipping conglomerate the STX Group said Monday it has signed an initial deal to build a $1 billion shipyard in Russia.
Source: AFP
Related News
27 Jan 2026
Skarv Shipping Opts for Wärtsilä’s Ammonia Solution for New Cargo Vessel
Technology group Wärtsilä will supply its Wärtsilä 25 ammonia solution to power a new cargo vessel for Norway-based Skarv Shipping Solutions…
27 Jan 2026
Fincantieri Launches Italian Navy’s Hydro-Oceanographic Ship
Fincantieri has launched Italian Navy’s newly built hydro-oceanographic ship (N.I.O.M.) Quirinale at its integrated shipyard in Riva Trigoso…
27 Jan 2026
China, Denmark Extend Green Shipbuilding Cooperation
China and Denmark renewed a memorandum of understanding on cooperation in green maritime technology and shipbuilding during a meeting between the two
23 Jan 2026
Largest Self-Propelled Hopper Dredger in US History Delivered
Seatrium delivered FREDERICK PAUP to Manson Construction Co. Built at Seatrium’s Brownsville Texas yard, the Jones Act-compliant…
Sponsored Content
When Marine Systems Are Judged by What They Endure
Inside a Manufacturer That Builds Power, Control, and Auxiliaries for Continuous Use
Why Shipowners Around the World Choose D-I Industrial’s Quiet Reliability
Consistent, durable performance that completely fixes breakdowns, delays, and demanding maintenance.
